29.10.2018 21:40:00

Service Corp. International Q3 adjusted earnings Miss Estimates

(RTTNews) - Service Corp. International (SCI) reported a profit for its third quarter that climbed from the same period last year.

The company's earnings totaled $68.9 million, or $0.37 per share. This compares with $56.2 million, or $0.29 per share, in last year's third quarter.

Excluding items, Service Corp. International reported adjusted earnings of $64.3 million or $0.35 per share for the period.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.5% to $778.8 million from $731.3 million last year.

Service Corp. International earnings at a glance:

-Earnings (Q3): $64.3 Mln. vs. $63.0 Mln. last year. -EPS (Q3): $0.35 vs. $0.33 last year. -Analysts Estimate: $0.36 -Revenue (Q3): $778.8 Mln vs. $731.3 Mln last year.

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